Feed

How we pick fifty companies

VP50 ranks late-stage private companies by how much interest they draw from investors. This is what earns a place, what keeps a company out, and why no one can pay to be on the list.

Consumer group sends Trade Republic a new warning over its interest opt-in design

1. 01The consumer group announced a further warning letter to Trade Republic on October 15, 2026.
2. 02Interest is paid at 2.5%, the ECB deposit facility rate, but only after customers activate it.
3. 03Over 92% of customers who deposited at least 100 EUR activated the product, per a Trade Republic message the group quoted.

EU court adviser says ByteDance should lose its challenge to TikTok's DMA designation

1. 01Advocate General Andrea Biondi advised on October 15, 2026 that ByteDance should lose its challenge to TikTok's DMA designation.
2. 02The case is C-627/24, ByteDance v Commission, before the EU's top court.
3. 03The opinion is non-binding and the court had not ruled; no timing was given.

Doximity and OpenEvidence file notice of settlement in AI prompt-hacking suit

1. 01Doximity and OpenEvidence filed a joint notice of settlement on October 15, 2026, in the District of Massachusetts.
2. 02The notice gave no settlement details, and counsel did not respond to requests for comment.
3. 03If finalized, the settlement would conclude the case with prejudice.

Replit CEO says enterprise contracts are about 15% of 2026 revenue, up from about 2%

1. 01Masad said enterprise contracts are about 15% of Replit's 2026 revenue, up from about 2% in 2025.
2. 02He said more than 50% of revenue is now business-to-business.
3. 03Masad declined to share annual recurring revenue figures.

Ramp says annualized revenue passed $2 billion, up from a reported $1.5 billion in June

1. 01Annualized revenue passed $2 billion, up from a reported $1.5 billion in June, with positive cash flow.
2. 02More than 85,000 companies use Ramp, up from 70,000 in June.
3. 03Annualized purchase volume is above $275 billion, up 175% year over year.

Florida attorney general sues Discord over child safety and age verification

1. 01Florida filed suit against Discord on October 15, 2026, alleging deceptive safety claims and failure to verify ages.
2. 02Civil penalties sought: up to $10,000 per willful violation of the deceptive practices act.
3. 03Under the children's law, up to $50,000 per violation, or up to $150,000 with actual knowledge a child was under 18.

Mistral AI acquires design firm New Material to form a Solutions Design team

1. 01New Material announced on 14 October 2026 that it was joining Mistral, under the subtitle "Mistral acquires New Material."
2. 02Its team becomes Solutions Design, a new Mistral team working across design, engineering and AI.
3. 03The stated aim was mission-critical AI for enterprises and governments.

Bank of America leaves bank roster for Moonshot AI's planned IPO amid US scrutiny

1. 01Bloomberg reported on October 14, 2026 that Bank of America was no longer on the potential roster of banks for Moonshot AI's IPO.
2. 02The report linked the change to US scrutiny of Moonshot AI and cited unnamed people familiar with the matter.
3. 03Bloomberg's headline said the bank was no longer in talks to arrange the offering, which was planned for Hong Kong.